Latest News
The African Business Angel Network (ABAN) and Scaling Digital Agriculture Innovations through Startups (SAIS) have…
South Africa’s The Good People Data Company, a leading provider of digital workflow automation, verification…
Cauris Finance, an impact credit fund with a focus on Africa, has announced the successful…
Camco, a leading climate and impact fund manager, has announced the successful first close of…
LAfricaMobile, a prominent player in cloud communication and artificial intelligence (AI), has successfully concluded its…
Digital health startup Eyone, headquartered in Senegal, has successfully secured $1 million in funding to…
Duolingo, a global leading player in mobile language learning, has partnered with Netflix’s hit series…
All-in-one mobility app, Bolt, has launched Bolt Market in Kenya, its first country in Africa.…
Reddit has begun rolling out a new artificial intelligence feature to help users find answers…
Airtel Nigeria has partnered with Google to redefine home entertainment. This collaboration integrates YouTube into…
Yango, a global tech company operating in Côte d’Ivoire, has collaborated with Yabx, an embedded…
FinTech has been one of the most exciting revolutions in Nigeria’s economy. Beyond bringing about…
Earlier this year, OpenAI unveiled Sora, its groundbreaking text-to-video AI model, designed to simulate and…
Chappal Energies, an emerging player in Nigeria’s energy landscape, has finalized the acquisition of Equinor…
BUSINESS
Airtel Kenya has announced a strategic partnership with Naivas Supermarkets, enabling customers to deposit and withdraw cash at all 109 Naivas outlets nationwide. This collaboration will contribute to Airtel Money’s mission to increasing accessibility and convenience for its users. Speaking at the launch, Anne Kinuthia Otieno, Airtel Money’s Managing Director,…
Ninety One, a leading investment firm, has announced the first close of its third Africa and emerging markets-focused credit opportunities strategy, securing $260 million in commitments. The fund, known as ACO Fund 3, has garnered support from prominent international institutions, including the International Finance Corporation (IFC), British International Investment, and…
In its final meeting of the year, Nigeria’s Central Bank has raised interest rates to 27.5% following a surge in inflation in October. The monetary policy committee (MPC) increased the benchmark interest rate by 25 basis points. Governor Olayemi Cardoso stated during a media briefing on Tuesday; The considerations of…
Kenya’s Capital Markets Authority (CMA) has given the green light to Safaricom’s second money market product, Ziidi. This new offering, developed in partnership with Standard Investment Bank, ALA Capital Limited, and Sanlam Investments East Africa Limited, aims to meet Kenya’s growing demand for accessible digital investments. Safaricom first entered the…
Startup
Oyster Agribusiness, a pioneering agri-tech company based in Ghana, has successfully secured $2 million in…
South Africa-based Edge Growth has secured $2.1 million to support growth-stage small and medium enterprises…
visionAI, a prominent South African company specializing in artificial intelligence (AI) and computer vision technologies,…
Sendstack, a logistics platform supported by OnDeck, is phasing out its primary last-mile delivery service,…
Following its recent acquisition by OmniRetail, fintech startup Traction Apps has announced plans to downsize…
Emmanuel Afemikhe, better known as King E, is not just a voiceover artist; he’s a…
people
Kippa, a fintech startup backed by Target Global, saw the departure of its co-founder and…
Phumzile Mlambo-Ngcuka, former deputy president of South Africa, has been named an independent non-executive director…
Tosin Osinbodu, the founder of Nigerian startup, Chaka, has exited the company five months following…
Frederik Zietsman has been named the new group chief executive officer of online retailer Takealot.…
Thabi Leoka, an economist under scrutiny, has stepped down from her role on the board…
Dan Marokane, the new CEO of Eskom, is set to take up his duties 30…
Cryptocurrency
Sam Bankman-Fried, once hailed as a visionary entrepreneur in the cryptocurrency world, has been sentenced…
The cryptocurrency exchange KuCoin, renowned for its global presence, has found itself entangled in legal…
Worldcoin, the controversial crypto biometrics venture, is now banned from nearly all of Europe with…
Kenya’s Interior Minister, Kithure Kindiki, announced in parliament that the US government has been putting…
The Federal Inland Revenue Service (FIRS) in Abuja has commenced legal proceedings against the cryptocurrency…
Selecting a cryptocurrency exchange is a challenging yet crucial decision. It presents a significant opportunity…